You are certainly familiar with MBA but what do you know about the history of MBA?
History of MBA program
In 1908, the MBA program was officially introduced by the Harvard University Graduate School of Administration in Boston, Massachusetts, USA.
However, the first business school in the US was the Wharton School of the University of Pennsylvania established a few decades ago in 1881 by Joseph Wharton.
In the early 1900s, while many businesses in the US were seeking an educated workforce with financial and managerial skills, the need to offer a program such MBA seemed necessary.
Although the USA is known as the birthplace of MBA, the concept of business education already emerged in Europe many decades ago.
After Wharton and Harvard, many well-known business schools in the US such as Stanford Graduate School of Business, and Chicago Booth School of Business established MBA programs.
History of MBA program in Canada
The first ever MBA program in Canada was established at the Ivey School of Business at the University of Western Ontario in 1948. This program is not only known as the first Canadian MBA program but is also considered the first ever non-US MBA program.